Browsing: Americas

Hy2gen AG has raised an additional €47 million in funding from its existing shareholders. The capital injection—led by Hy24’s Clean Hydrogen Infrastructure Fund alongside Technip Energies and BenDa—comes at a critical time, as industrial sectors globally accelerate their decarbonization agendas amid intensifying climate mandates.

A seismic shift is underway in the energy industry, defined by digitalization and integration, reshaping the future landscape. As energy systems evolve, digital technology and a more unified approach are increasingly viewed as pivotal.

GoVerde Energia has signed a letter of intent with the Bahia state government to construct an integrated industrial complex for the production of green methanol and ammonia.

Asian Development Bank (ADB) has approved $104 million in funding directed towards Georgia’s inaugural energy storage facility and pioneering green hydrogen development.

In an era where decarbonization strategies are crucial for industrial transformation, Next Hydrogen Solutions Inc.’s receipt of a $5 million working capital debt facility from Export Development Canada (EDC) stands as a strategic milestone.

The Tennessee Valley Authority (TVA) has made headlines once again by reapplying for the Department of Energy’s (DOE) Small Modular Reactor (SMR) program, seeking an $800 million grant.

In a notable expansion of the United States’ energy infrastructure, Houston embraces a new 371MWh battery energy storage system developed as part of a collaboration between Trina Storage and FlexGen Power Systems.

Industry data reveals a remarkable 60% reduction in safety incidents following the implementation of a comprehensive chemical safety management system (CSMS) in hydrogen facilities.

HPQ Silicon, together with its French subsidiary NOVACIUM SAS and Malaysian aluminium recycler GLD Alloys, has formalized a strategic partnership to accelerate the commercialization of green hydrogen production.

Lucid Motors has purchased the Arizona production facilities and assets of bankrupt hydrogen and electric truck maker Nikola Motor.